2012 is set to be another monumental year for Downtown and Downtown Dallas, Inc. (DDI), as we celebrate the completion of a number of significant projects. Dallas has been leading much of the nation in economic progress, and the trend is most apparent Downtown; from the construction and recent opening of the Dallas Omni Convention Center Hotel to our world-class Arts District. Openings like the Margaret Hunt Hill Bridge, Belo Garden, The Park and completion of the Perot Museum of Nature and Science will add even more recreation, greenspace, culture and iconic architecture to our Downtown. Cranes will continue to fly high on new residential projects such as Museum Tower, Lone Star Gas Lofts and the Continental Building, as well as pivotal mixed use developments such as the Grand Ricchi at 1600 Pacific, 1401 Elm, 500 S. Ervay and the Statler Hilton.
After just over a decade since the creation of the first Tax Increment Finance district in Downtown, which signified a common vision of the public and private sectors of a revitalized city center, today we are celebrating the realization of urban life. It is a reality of employees living where they work, and working where they play; a reality of entrepreneurial restaurants, a vibrant night life, a resurging commercial office market, and landmark projects that have moved beyond “planned” to groundbreakings and openings. There is a new heartbeat in the center of our city—a new generation of employees, residents and visitors that are changing our environment. Downtown has shifted from a one-dimensional commercial office center to one of many facets – living, shopping, dining, working, arts, recreation and public transportation. We no longer gaze at Downtown through a rendering of the future – instead we can see and feel tangible successes on the streets every day.
For several years now, the change Downtown has been most noticeably pronounced in its residential community. Historic structures, mid-century office towers and new construction have become home to thousands of new residents in the City’s core. Looking back to 1995, the Central Business District (CBD) was home to only 200 residents. Today you will find more than 7,000 urban dwellers in the CBD, and more than 37,000 who call one of the other 15 Downtown districts that comprise Dallas’s city center their home. All of this has created an exciting vibrancy Downtown that is now attracting major companies as well.
There is no question Downtown is growing by leaps and bounds, and this is just the beginning. Downtown Dallas 360, a new action-oriented strategic plan for Downtown, is in full implementation mode creating new public-private partnerships, focused heavily on activating our streets, developing transit oriented development (TOD), housing and parking.
One of the real joys of the Holiday Season is the opportunity to say “Thank you” and wish you the very best for the New Year. Happy holidays from all of us at DDI. As goes Downtown, so goes Dallas!
P.S. Mark your calendar for January 24 to attend our Annual Meeting & Luncheon. Go to http://www.downtowndallas.org for details.
John F. Crawford
President & CEO
Downtown Dallas, Inc.